Company

TERAWATT INTERNATIONAL was founded in the year 2000 where its principles are influenced by the electricity liberalisation act in Austria and Europe. Its today’s shareholders are on the one hand P+D Gesellschaft m.b.H., which took over the shares of the former co-owner, VA INTERTRADING AG (VAIT), Austria’s largest trading house and on the other hand Erdgas Import Salzburg GmbH (EIS), which is an affiliate of SALZBURG AG, which is an independent Austrian multi utility company with many hydro-production facilities. The synergy is used - of P+D being specialised in international commodity trading, with comprehensive experience in the worldwide metallurgical and chemical industry, providing the access and understanding for the needs of the industrial partners - and EIS/SALZBURG AG providing full Energy-trading know-how on the western European market and physical needs for an effective settlement, by having production and distribution facilities for electricity and gas in Austria.

Activities

TERAWATT supplies electricity and gas in Europe with big focus on Central, South- and Southeast Europe. With the tailor-made solutions, the company is beside the physical supply of energy also an excellent partner in the certification process (“green certificates” of supplied energy), as well as the settlement of CO₂-transactions. For providing complete portfolio services the balancing group service in Austria and cross border auction participation is offered to third parties.

Company Structure

Company with limited liability,
50 % subsidiary company of P+D Gesellschaft m.b.H.
50 % subsidiary company of ERDGAS IMPORT SALZBURG GmbH

Registered Office

Strasserau 6, 4020 Linz, AUSTRIA

Managing Directors

Andreas Scheuringer
DI Siegfried Müllegger

Target Market

Europe